Triple Lock – THE MONTHLY MOSQUITO

Fat Jabs Like Ozempic And Mounjaro Threaten Pensions

The spread of ‘fat jabs’ such as Ozempic could lead to a rise in the state pension age because obese employees will live longer than anticipated, Government advisers have warned. With more than 1.5 million people now using weight-loss drugs in the UK, the number-crunchers say that actuarial calculations about life expectancy – and thereforeContinue reading “Fat Jabs Like Ozempic And Mounjaro Threaten Pensions”

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Pension Should Be Affordable, Says Reeves

Rachel Reeves has warned that the state pension must be ‘affordable’ amid concerns that the younger generation may not receive it until they are 74. The Chancellor said increases in life expectancy have to be taken into account after ministers launched a review. Concern has been raised about the sustainability of the triple lock, which meansContinue reading “Pension Should Be Affordable, Says Reeves”

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Campaigners Accuse Government Of ‘Sleight Of Hand’ By Saying Pensions Triple Lock Is ‘Unsustainable’

A minister admitted that the pension triple lock is unsustainable and could be watered down. In a bombshell move, Mel Stride suggested retirees might not get the anticipated 8.5 per cent rise next year, despite a pledge to keep the state pension at least in line with earnings. The warning from the Work and PensionsContinue reading “Campaigners Accuse Government Of ‘Sleight Of Hand’ By Saying Pensions Triple Lock Is ‘Unsustainable’”

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Hard-up Britons Get A Boost From Rishi Sunak’s Cost Of Living Increase

It was claimed that Rishi Sunak will announce a significant rise in the national living wage and also give eight million households cost of living payments worth up to £1,100. The new Prime Minister is set to prioritise support for the most impoverished people as he also signalled that he will keep the triple lockContinue reading “Hard-up Britons Get A Boost From Rishi Sunak’s Cost Of Living Increase”

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State Pensions

With the cost of living spiralling, people across the country need certainty about their pensions. Most pensioners have a fixed income and millions of over 66s depend on the state pension as their primary source of money to buy life’s necessities. The UK state pension is the worst in the developed world, with nine outContinue reading “State Pensions”

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Now No 10 Drops Its Pensions Promise

Downing Street yesterday abandoned its commitment to the pensions triple lock, in the most obvious sign yet that the Tory manifesto pledge is about to be broken. No 10 recently insisted it remained official policy amid concerns that rising earnings growth would trigger a record hike in the payment, but the Prime Minister’s official spokespersonContinue reading “Now No 10 Drops Its Pensions Promise”